Call me to discuss which option makes the most sense for you. Greg Rank (317) 603-0912

Debt Service Coverage Ratio (DSCR) loan program

OUR DSCR LOANS ALLOW BORROWERS TO FINANCE UP TO 20 PROPERTIES

BY USING EACH PROPERTY’S MONTHLY RENTAL INCOME TO QUALIFY

Introducing Investor Flex, our exclusive Debt Service Coverage Ratio (DSCR) loan program crafted for real estate investors. Qualifying for these loans relies on the prospective rental income of the property, not the borrower's income. We empower investors by offering four distinct loan options for purchases and refinances and facilitating closures in the name of the investor or the name of their LLC.

Realtors can play a pivotal role in helping their clients expand and elevate their real estate portfolios with loan options available reaching up to $2M. For long-term real estate investors seeking optimal pricing, the opportunity to enhance savings arises by opting for a 1-, 2-, or 3-year pre-payment penalty. By refraining from paying off or selling the property within the agreed-upon pre-payment period, investors unlock savings that can be strategically utilized elsewhere.

CONVENTIONAL LOANS - With Full Documentation

• Minimum 620 FICO Score
• For 1-Unit Purchase and Rate/Term Refinances 85% LTV
• For 2-4 Unit Purchase and Rate/Term Refinances 75% LTV
• For 1-Unit Cash Out Refinances 75% LTV
• For 2-4 Unit Cash Out Refinances 70% LTV
• Manufactured Homes are not permitted on Investment Properties

The maximum number of multiple financed properties is ten when the subject is an investment or second home. When the borrower owns 7-10 financed properties, the minimum FICO score is 720. Fannie Mae & Freddie Mac require reserves as follows:

• 2 months PITI(a) for each financed property other than the primary residence when the borrower owns between 1-6 financed properties, or
• 8 months PITI(a) for each financed property other than the primary residence when the borrower owns between 7-10 financed properties.

BANK STATEMENT LOANS

A FLEXIBLE LOAN OPTION FOR SELF-EMPLOYED BORROWERS

For self-employed borrowers, it can be difficult to show enough income to qualify for a mortgage. It can also be a hassle to gather the necessary income docs needed to apply.

That’s why we offer 4 different Bank Statement loan options. We'll help you find the right option based on your personal or business bank statements instead of using tax returns, pay stubs or W2s.

Our Bank Statement products offer loan options up to 90% LTV on loan amounts up to $3.5M without requiring MI, allowing you to keep your monthly payments lower.

Investment Property Financing in Indianapolis: Build Your Portfolio

Indianapolis has emerged as one of the top real estate investment markets in the country — strong rental demand, affordable entry prices, consistent appreciation, and landlord-friendly laws make Central Indiana an attractive destination for both local and out-of-state investors. Whether you're acquiring your first rental property or expanding a multi-property portfolio, I can help you structure the right financing to maximize your returns and minimize your costs.

Conventional Investment Property Loans

For investors who can document personal income with W-2s or tax returns, conventional investment property loans offer competitive rates with 15% to 25% down depending on the property type. Rates are slightly higher than owner-occupied financing — typically 0.50% to 0.75% higher — and lenders look closely at your debt-to-income ratio and existing rental income. Up to 10 conventionally financed properties are allowed under Fannie Mae guidelines.

Why Indianapolis for Real Estate Investment?

Indianapolis consistently ranks in the top 10 U.S. markets for rental yield and cash flow. Median home prices remain well below the national average while rents have climbed steadily. Neighborhoods like Irvington, Fountain Square, Nora, Lawrence, and Beech Grove offer strong rent-to-price ratios. Hamilton County suburbs like Fishers and Noblesville attract high-quality long-term tenants. And Indiana's laws make property management straightforward compared to many coastal markets.

Frequently Asked Questions

Can I use rental income from the new property to qualify?
Yes — for conventional loans, lenders typically allow 75% of the projected or actual rental income to offset the mortgage payment when calculating DTI. For DSCR loans, the property's income is the primary qualification factor entirely.

What's the minimum down payment for an investment property?
Typically 15% for a single-family investment property with conventional financing, and 25% for 2-4 unit properties. DSCR loans can go as low as 20% down. Hard money and bridge loans may allow lower down payments in specific situations.

Can I finance an investment property in an LLC?
Yes — our DSCR program allows closings in the name of an LLC, which is important for liability protection and portfolio management. Conventional loans require individual borrower ownership.

Ready to invest in Indianapolis real estate? Call Greg Rank at (317) 603-0912.

Related Resources

• All Loan Programs
• Current Mortgage Rates in Indiana
• Mortgage Calculator
• First-Time Homebuyer Programs
• Get Pre-Approved / Contact Greg